The biggest lie young people are told when they’re 18, 19 and 20 is go to university and you’re guaranteed to get a high pay job (Side Hustles), this lie is drilled into through the school system and then reinforced by parents.
who are stuck in the past while it might have been true in my time, it’s not the reality anymore don’t get me wrong I’m not saying that studying is a waste of time many degrees are very useful and the student experience is Unforgettable however relying solely on a degree to make you rich isn’t the right approach.
that’s why it’s so important for students to start some kind of side hustle that has the ability to grow into something much bigger in the future look I wasn’t wealthy enough to be able to afford University or probably academically smart enough but I always had side hustles ultimately my side hustles turned into multi-million dollar businesses and made me a millionaire.
I’m constantly asked by student about the best side hustles to start. So today, I’ve made a list of seven options, complete with real-life examples to show you how to turn them into a passive income goldmine. Let’s dive in!
that’s why today I’m going to dive into seven side hustle students can start this year to be honest this can actually apply to anyone anywhere in the world.
Short form Content Creation
Platforms like TikTok and Snapchat have created unprecedented opportunities for content creators to earn substantial incomes through short, engaging videos. By exploiting these platforms’ algorithms and understanding audience psychology, creators like Daniel have turned content creation into a profitable career.
- The biggest lie young people are told is go to university and you’re guaranteed to get a high paying job.
- Short form content creation on platforms like Snapchat can generate significant income due to high demand for original content.
- Requires understanding of human psychology and consistent posting for growth.
- Initial investment: Requires only a smartphone and internet connection.
- Potential to earn $1,000 per month: 4/5, achievable with dedication and strategic content creation.
Investing
While not a traditional side hustle, investing can provide significant passive income over time. Strategies like dollar-cost averaging and investing in index funds offer accessible entry points into the stock market, potentially leading to substantial wealth accumulation.
- University alone isn’t a guaranteed path to wealth; diversifying income through investments is crucial.
- Dollar-cost averaging into index funds can yield substantial returns over time.
- Learning curve is straightforward with resources available online and through investment apps.
- Initial investment: Can start with as little as $1, accessible to anyone with an interest in financial growth.
- Potential to earn $1,000 per month: 1/5, passive income stream that grows with time and consistency.
Discord Server Building
Building and managing Discord servers for communities and businesses can be a profitable venture. With the platform’s creativity and growing user base, there’s a demand for skilled Discord managers who can create engaging and organized communities.
- University education doesn’t ensure financial success; building and managing Discord servers offers a viable alternative.
- Discord’s versatility and increasing popularity provide opportunities for income.
- Learning Discord basics can be quick, with deeper skills development over time.
- Initial investment: Requires a computer and internet connection.
- Potential to earn $1,000 per month: 1/5, scalable with the number of clients and services offered.
Online Coaching
Offering expertise in areas like fitness, business coaching, or specialized skills through online platforms can generate significant income. Personalized coaching services attract clients willing to pay for adapt guidance and support.
- Higher education isn’t the only route to financial stability, online coaching in various fields is profitable.
- Personalized coaching services can attract high paying clients seeking convenience and expertise.
- Initial investment: Minimal, only requiring a laptop and expertise in a particular field.
- Potential to earn $1,000 per month: 1/5, scalable income based on client base and service offerings.
AI Animation
Exploiting AI tools to create animations for content creators and businesses taps into a burgeoning market. While mastering animation techniques is essential, AI can streamline much of the process, making it accessible to motivated individuals.
- University degrees don’t guarantee financial success; AI animation services offer a lucrative income stream.
- Mastery of animation principles and AI tools essential for attracting and retaining clients.
- Initial investment: Low, with AI tools accessible online.
- Potential to earn $1,000 per month: 2/5, growing demand for high quality animations enhances earning potential.
Reselling Luxury Items
Capitalizing on the growing luxury resale market by identifying and reselling high end products online can yield substantial profits. Knowledge of luxury brands, authentication processes, and market trends are crucial for success.
- Relying solely on a university degree for wealth is outdated; reselling luxury items online is a profitable venture.
- Requires knowledge of luxury market authenticity and trends.
- Initial investment: Moderate to high, depending on the item’s value.
- Potential to earn $1,000 per month: 1/5, lucrative profit margins compensate for initial investments.
Online Writing
Writing for blogs, businesses, or publications offers flexible earning potential based on skill and expertise. Demand for quality content remains high, making online writing a workable income source for skilled writers.
- University education doesn’t guarantee financial stability; online writing offers flexible income opportunities.
- Skills in demand include copywriting, content creation, and niche expertise.
- Initial investment: Minimal, requiring basic writing tools.
- Potential to earn $1,000 per month: 1/5, scalable income based on client base and writing proficiency.
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Each of these income ideas challenges the traditional notion that a university degree alone guarantees financial success, highlight instead the importance of modify income through entrepreneurial pursuits and leveraging modern platforms and technologies.
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